CryptoCurrency News: Coinbase Taps Nasdaq for Direct Listing: Report

The crypto exchange will reportedly join Nasdaq's tech-heavy lineup.

via CoinDesk

CryptoCurrency News: FinCEN’s Wallet Rule Aims to Close Crypto-Cash Reporting Gap, Official Says

FinCEN Deputy Director Michael Mosier encouraged commenters to provide practical, technical feedback on the rule.

via CoinDesk

CryptoCurrency News: Have the Hedge Funds Infiltrated Reddit’s WallStreetBets?

The media keeps saying WallStreetBets is going after silver; WallStreetBets members say it’s a campaign to co-opt and divide them.

via CoinDesk

CryptoCurrency News: Robinhood Can’t Democratize Finance Using Old Tools

Robinhood saw the ire of traders last week because it promised to be different. It turned out to be fancy app on top of an antiquated system.

via CoinDesk

CryptoCurrency News: Robinhood Raises $3.4B Amid Growth Surge

The round is the stock trading app's largest raise ever.

via CoinDesk

CryptoCurrency News: IBM Blockchain Is a Shell of Its Former Self After Revenue Misses, Job Cuts: Sources

“There is not really going to be a blockchain team any longer,” said a source.

via CoinDesk

CryptoCurrency News: Blockchain Bites: The ‘Silver Lining’ for Bitcoin

XRP and silver went viral – showing mind-meld market mechanics are still in play – though both hit limits.

via CoinDesk

CryptoCurrency News: Decentralized Exchange Volumes Hit Record Above $50B in January

Uniswap represented over 45% of total DEX volume.

via CoinDesk

CryptoCurrency News: Bitcoin News Roundup for Feb. 1, 2021

With BTC stalling and the price of silver soaring to eight-year highs, CoinDesk’s Market Daily is back with the latest news roundup.

via CoinDesk

CryptoCurrency News: Grayscale Reopens Its Ethereum Trust to Investors

The ether trust had been closed in late December.

via CoinDesk

CryptoCurrency News: Singapore’s SDAX Gets In-Principle Approval to Launch Digital Asset Exchange

SDAX now has in-principle approval from Singapore's central bank for its Recognized Market Operator license.

via CoinDesk

CryptoCurrency News: Switzerland’s Tokenized Securities Law Ushers In New Chapter for Digital Assets

Regulated crypto banks SEBA and Sygnum each issued tokenized securities to mark the occasion.

via CoinDesk

CryptoCurrency News: XRP Pump Fails to Materialize as Price Crashes 40% From Day’s High

The hefty drop comes despite a community buying effort scheduled for this morning.

via CoinDesk

CryptoCurrency News: First Mover: Silver Is the New GameStop as Musk’s #Bitcoin Stalls

As bitcoin trades in a range, traders are studying the "Grayscale premium" and watching traditional markets for clues to the next market move.

via CoinDesk

CryptoCurrency News: Mark Cuban Hails ‘Store of Value Generation’ Taking on Wall Street

Cuban said he believes WSB traders are applying the principles of the crypto world to the stock market.

via CoinDesk

CryptoCurrency News: Fine Wines Become First Tokenized Securities Under New Swiss Blockchain Law

In effect from today, Switzerland's new blockchain law allows Sygnum to freely issue tokenized assets, starting with investable wines.

via CoinDesk

CryptoCurrency News: Crypto Lender Nexo Adds Exchange Service to Its Mobile App

Nexo's new service provides more than 75 cryptocurrency and fiat currency pairs for trading.

via CoinDesk

CryptoCurrency News: Kraken Exchange Brings Its Spot Price Data to DeFi Via New Chainlink Node

Kraken's connection to the Chainlink network allows the exchange to broadcast its price data for use in blockchain-based apps.

via CoinDesk

CryptoCurrency News: US Man Pleads Guilty to Money Laundering Charges Involving $13M in Bitcoin

During a 28-month period, Hugo Mejia illegally exchanged millions of dollars-worth of bitcoin while attempting to hide his activity.

via CoinDesk

CryptoCurrency News: XRP Erases SEC-Led Drop as Supporters Pump Price Over $0.60

XRP has more than reversed the late December drop prompted by an SEC lawsuit against Ripple with a rally to two-month highs.

via CoinDesk

CryptoCurrency News: ‘A Good Thing’: Elon Musk Says He’s a Supporter of Bitcoin

It would be the most "entertaining and ironic outcome" if dogecoin "becomes the currency of earth in the future," Musk also said.

via CoinDesk

CryptoCurrency News: MGM, Winklevoss Twins to Make Movie About Reddit’s GameStop Investors Taking on Wall Street

MGM has acquired the movie rights to a book proposal known as "The Antisocial Network" by New York Times best-selling author Ben Mezrich.

via CoinDesk